Peer to peer lending (or P2P lending) is one of the most innovative financial products of recent times. It enables creditworthy borrowers lower their cost of loans and individual lenders/investors to lend directly to their peers and community thereby earning higher returns. You can see 4 most popular RBI Registered P2P website list follows…
Faircent.com essentially do is provide a virtual market place where borrowers and lenders can interact directly, without having to go through the traditional financial intermediaries like banks, who have become such behemoths in today’s time that they dictate all terms and conditions for both borrowers and lenders. Faircent is India’s first peer-to-peer (P2P) lending platform to receive a Certificate of Registration (CoR) as an NBFC-P2P from the Reserve Bank of India (RBI).
Website : https://www.faircent.com/
2. I2I FUNDING
i2iFunding is much more than a P2P marketplace. Apart from providing end to end loan servicing, i2i diligently evaluates the credit risk of each of the loan projects, a post which it assigns risk category and recommends an interest rate for that project (a borrower can borrow at an interest rate which is higher than or equal to this rate). This helps the borrowers as well as the investors to have a benchmark interest rate. In the process, the investors get an opportunity to earn higher ‘risk-adjusted returns’ while the borrowers get an opportunity to get funded at the lowest cost possible as per their risk profile and market-based demand. We also provide legal and recovery support to investors in case of default by any borrower
Website : https://www.i2ifunding.com/
LenDenClub’s any purpose personal loans could help you fulfill any personal requirement or tackle a problem you are dealing with. We will support you with almost everything; from paying your problematic credit cards to arrange a vacation for the family; from family functions to your home renovation; from the purchase of used car/ new bike to managing a medical emergency. Select your suitable purpose of the loan and get going with India’s leading Peer to Peer Lending Company.
Website : https://www.lendenclub.com/
Cashkumar (Etyacol Technologies Pvt Ltd) is an online peer-to-peer (P2P) marketplace for loans. It brings together people who need money and people who have surplus/idle money so as to facilitate a loan transaction between them.
Website : https://cashkumar.com/